Sunday, December 27, 2009

monday ramblings / ES Futures Sunday night

TRADE: Closed some qqqq at 45.99 and some at 45.11 (both profits). Flat on daytrade qqqq. all shorts covered. still have the QID swing mid term.

1204
ok...i'm off for now... stops on qqqq set at 46.24 to cover...just near breakeven... will check back in 1-3 hours to see if i want to cover

1126
qqqq stops on 75% moved to 46.24.... near breakeven (small loss if stoped)a

1112
increasing position size in shares due to limited movement... need more shares to make $$$ here

1104
see if we get 4615 qqqq backtest here or not...and then what happns at 4615

1100
ok.... qqqq broke higher from the bear desc triagle...see what happens at backtest... and might cover soon to close the trade

1055
qqqq is testing the DTL resis now at .17.... if it does not hold down,,may exit the short early...can always re-entera

1051
45.98 is target of desc triangle but might find support at 46.04 instead. Tho 45.99 is another lower qqq support area, all close to the 45.98 target

1049
qqqq 3min has bear desc triangle...needs break under 4614 to resolve to downside

1047
PG next down targets are 6076 and 6041 ... those are both important support levels... see if theyhold or break lower.

1045
PG short doing well...last 60.94....a

1040
for now, charts still say "stay short qqqq daytrade", for me.. at least until the DTL breaks higher

1038
clearly qqqq 46.14 is impt mini support intraday here... watching to see if it holds or breaks lower...

1037
qqqq 3min DTL resist at 46.21.... see if it holds... it has held thus far... last 46.19

1027
if qqqq holds .14 here i may take small scalp profit and re-enter...watching... still in for now

10:05
willl short qqqq 46.22 if filled..last 46.20

9:59

PG is now
backtesting the triangle
breakout...could move up here...
nervous PG could cover here for small
profit.. i will stay short... 61.17 last...its at the triangle line now


9:56
PG short is still valid... trade premise still holds... shorted PG on Friday. it gapped up but has lost

9:44
thus far, qqqq did d perfect trendline touch at the 46.28 and backed down as expected. HOD is exactly at my 46.28 target. but of course the trendline slope is up, so it can continue to chop higher and "hug" the trendline. Charts do suggest a move down in the qqqq but might need to wait until after Jan. 1 for it

9:36 AM
qqqq channel R at 41.29 on the newly formed bull steep up channel ... last 4621



* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

No comments:

Post a Comment